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20110701
20110731
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KGO (ABC) 4
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Search Results 0 to 15 of about 16 (some duplicates have been removed)
's jon karl took your messages straight to the lawmakers in the middle of the mess. jon? >> reporter: yes, diane. we have -- we went and talked to members of congress in both parties in both chambers, gave their reaction to what they're hearing in terms of the anger from the american people. a group of freshmen house republicans descended on the white house today demanding the president come up with a plan to deal with the debt. >> don't keep shirking your responsibility. >> what is your written plan? >> reporter: but across the country, voters are telling washington they're disgusted with all sides. >> they need to get off the dime. >> we've had enough. we want you to work together. >> get it done. for god's sakes. >> reporter: we went around capitol hill to put your concerns directly to those in power. starting with democratic senator mark warner of virginia. senator, this is peggy lemons from richmond, virginia. >> if we're really not careful, we're going to end up with a depression that is far worse than the one that our parents and our grandparents lived through. >> reporter: can you
in abc's senior political correspondent jon karl tonight, also right there in washington. and jon, you've been digging into what's been going on behind the scenes here and you told me, you have the president and republican house speaker john boehner actually close to a deal and then what happened? >> reporter: that's right. they were both ready to at least begin talking about this big deal, but what happened is, speaker boehner faced the opposition, not only from tea party members of congress, but from his own leadership. eric cantor, the number two republican in the house, actually told him point blank that he would not support such a big deal if it included anything that could be called tax increases. and cantor said, not only will you not have his support, but he would lose many, many republicans in the house. >> and jon, it was not only eric cantor on the republican side, but nancy pelosi on the democratic side giving the president trouble. >> reporter: yeah, absolutely. and i've spoken to a lot of top democratic leaders about this. former speaker pelosi made it clear that she was
's bring in jake tapper and jon karl from capitol hill. jon, they tried to work on a smaller reduction deal but that didn't go much better. >> reporter: the divide is as deep as ever. they outlined 1.7trillion cuts, not enough but democrats called it completely unacceptable because it included cuts to medicare and no tax revenue increases. steny hoyer said he couldn't get a senior democratic vote for a plan. >> that means that it couldn't pass. courthouse have any idnew ideas >> reporter: they're pushing for the big deal, a lot of pain at one, entitle tks. president obama outlined the plan and said, you can't expect seniors to give up $500 when you went own ask for $5 from people like me. wealthy individuals. >> jon, the leader mitchell mcconnell is looking at a contingency plan which could be a short-term extension. >> reporter: he's tight-lipped about what they mean. they could give him a chance to accept that which he ruled out or one with no tax increases. >> the president very clear on that. >> reporter: he said he's not signing any short-term plans. the debt ceiling needs to be raised
stares down its debt. abc's jon karl explains. >> reporter: we took a journey to the u.s. mint in philadelphia for a lesson in how the government is losing money by making money. this is the presidential dollar coin. congress ordered the mint to make millions of them to honor every dead president but nobody seems to want them. they cost 32 cents a pop to make. the mint makes nearly 2 million of them every day. do the math. about 600,000 dollars a day to make them. because almost nobody uses these things, most go directly into storage. we found a bunch of them 100 miles down the road in a vault. here at the federal reserve in baltimore, the coins are packed into plastic bags stacked one on top of each other all the way up and down this aisle several aisles of them, millions and millions of dollars in presidential coins. federal reserve says they are piling up so quickly they are spending $650,000 to build a new vault in dallas to hold them. shipping the coins there will cost another $3 million. senator jack reed was one of the co-sponsors of the bill that directed the mint to ma
humble day of my life. nice, but wait for your turn to talk. >>> jon stewart, the comedian tales news corp. to task last night. it's not just the comedians having their way today british prime minister david cameron, the man at 10 downing tepid before placement, facing both cheers and jeers for his apparent vulnerability. >> as for answering questions, i don't think i could have given clearer answers. records of the information commissioner ignored. reports of the select committee ignored. the failure of the police investigation ignored. the problem is for both our main parties. the problem is one that the public expects us to stop playing with, but rise to the occasion and deal with it for the good of the country. >> we talk so much about the unholy alliance of business in government, but now we're eyeballs deep into the unholy alliance with media and government the prime minister in england say helling 'committed to cleaning up corruption, but are words like that enough to calm a still growing scandal that threatens to topple rupert murdoch's empire and betrays the very trust of the
the pies are self-inflicted as jon stewart said. >> if you have the emissions of the -- the cap room. >> i don't know what he is talking about? cap and trade is fascinating. but the pie tin is not han dirks you can say it with glitter as the republican presidential candidates are finding out lately. >> any way, next, martin bashir who is not covered in pie or glitter is in london with the latest on the scandal surrounding the murdoch family. stay with us. [ female announcer ] experience dual-action power, with listerine® whitening plus restoring rinse. it's the only listerine® that gets teeth two shades whiter and makes tooth enamel two times stronger. get dual-action listerine® whitening rinse. building whiter, stronger teeth. it's schwab at your fingertips wherever, whenever you want. one log in lets you monitor all of your balances and transfer between accounts, so your money can move as fast as you do. check out your portfolio, track the market with live updates. and execute trades anywhere and anytime the inspiration hits you. even deposit checks right from your phone. just take a
now. for better or worse, we'll start talking about mitt romney and jon huntsman and the mormon church, just as we talked about president obama and what church he went to. >> thank you for joining in on the qufrconversation. >> you bet. >>> taking a trup to l.a. they even raised the money they needed until they saw the bill for the airline fees. would you like to have a look at a map, my lad? ah, why not? shall we check on the status of your knighthood? yes. again? yes, again, please! thank you. with my digital manservant, i'll never be homesick again. would you like me to put the kettle on, sir? no, i'd like you to get rid of that ostrich. it's been here a month. [ male announcer ] think, type, go. with just type. only on the new hp touchpad with webos. >>> they love to sing their hearts out and the choir, heart of all nations, wanted to take it on the road. the inner city church even raised the 25 grand to pay for the airline tickets out there. it turns out that just wasn't enough. spirit airlines said the crew would have to pay an additional $6,000 for the group's equipment to go al
Search Results 0 to 15 of about 16 (some duplicates have been removed)